The BC Office of the Canadian Centre for Policy Alternatives just released a report called BC’s Regressive Tax Shift: A Decade of Diminishing Tax Fairness, 2000-2010.
CTV had a great story about the report last night, which you can watch here. The Vancouver Sun ran an oped on the report in today’s paper, which you can find here.
There are two main conclusions in this excellent analysis by economists and researches Marc Lee, Iglika Ivanova and executive director Seth Klein. One: the main beneficiaries of Liberal tax cuts are the wealthiest 1 percent – people making an average of $800,000 a year. Two: the cuts have cost us at least $3.4 billion in lost revenue.
This is public funds that should have gone to meet pressing needs in healthcare, long-term care, education and affordable housing; public services that benefit working and middle class families. The top 1 percent can afford private services on their million dollar incomes. The rest of us depend on the efficiency and fairness of pooling our money through paying taxes to provide these services.






Duck and Cover
Hearing Premier Christy Clark reject the challenge by opposition leader Adrian Dix to debate the HST makes one wonder if she understands what office she ran for and got elected to.
She claims “the NDP were trying to politicize the issue… We won’t be playing those games,” said Clark. “This is about a major tax policy decision and not leaders of political parties.”
Well, welcome to the province of British Columbia, planet Earth, Ms. Premier. What could be more political than a major change in tax policy? What could be more useful to citizens trying to make up their mind on the referendum question than a good old-fashioned head-to-head debate between two central proponents on opposite sides of the question?
She is no longer hosting a radio talk show where she gets to pick the topics and cut-off troublesome guests. She owes it to the people of BC to leave her protective bubble and engage in the to and fro of democratic debate. What is she afraid of?